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<h1>Income-tax Rules Amended: 'Voluntary Separation' Added to Rule 2BA; Exemption for Public Sector Employees' Separation Payments.</h1> The Income-tax (23rd Amendment) Rules, 2000, issued by the Central Board of Direct Taxes, amends the Income-tax Rules, 1962. It introduces changes to rule 2BA by including the term 'voluntary separation' alongside 'voluntary retirement' in various sub-clauses and requirements. Additionally, it specifies that the requirement for voluntary retirement does not apply to amounts received under a voluntary separation scheme by employees of public sector companies. These amendments take effect from the date of publication in the Official Gazette.